Economics · Zero-Base Budgeting
The concept of Zero-Base Budgeting (ZBB) primary requires that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The previous year's budget serves as an unchallenged base.
- 2Every expenditure proposed for the budget period must be freshly justified.✓
- 3Budget allocations are made without needing any justification.
- 4Current year budgets are created automatically from historical trends.
Correct answer
Every expenditure proposed for the budget period must be freshly justified.
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